July 13, 2012 |
China'sgovernment-controlled film distributor is releasing two of Hollywood's biggest 3-D animated movies of the year on the same weekend, forcing them to compete head-on and potentially denting their ticket sales in the world's second-most-lucrative market. The movies - 20th Century Fox's sequel"Ice Age: Continental Drift" and"The Lorax" from Universal Pictures - will both be released July 27 by China Film Group. In the U.S. and elsewhere, the two family pictures were released months apart to avoid cannibalizing each other's box office.
May 12, 2011 |
Hollywood's chief lobbying arm and federal trade officials are laying the groundwork for negotiations with China that could substantially increase the number of American films allowed in the country -- a long-sought goal of the major studios. Representatives of the Motion Picture Assn. of America and the Office of the U.S. Trade Representative have been working on crafting a compromise in a long-running trade dispute with China, which has had a rocky history with Hollywood but has become an increasingly vital market for the media conglomerates.
July 12, 2012 |
China's government-controlled distributor China Film Group is releasing two of Hollywood's biggest 3-D animated movies of the year on the same weekend, forcing the pair to compete head-on and potentially denting their ticket sales in the world's second-most lucrative market. The movies -- 20th Century Fox's sequel "Ice Age: Continental Drift" and "The Lorax" from Universal Pictures -- will both be released July 27. In the U.S. and elsewhere, the two family pictures were released months apart to avoid cannibalizing each other's box office.
May 23, 2012 |
Beverly Hills-based RealD Inc. is further expanding its presence in China. The 3-D equipment supplier said Wednesday it had a signed a deal to install 100 3-D screens for the Bona Film Group's theater circuit in China. Bona, a leading film distributor in China, plans to install RealD 3-D systems at each of the company's 11 theater locations. "3-D technology gives moviegoers a more immersive visual experience, which takes the movie business to a new level," said Don Yu, chairman and CEO of Bona Film Group.
May 23, 2006 |
Chinese censors have cleared the Tom Cruise action thriller "Mission: Impossible III" for release in the country, a film executive said Monday. "It's passed censorship," said Yuan Wenqiang, vice president at the state-owned China Film Group, one of the film's distributors in China. Yuan said he didn't know what scenes, if any, censors deleted. He also didn't know when the movie will hit Chinese movie theaters.
November 25, 2004 |
Sony Pictures has set up a joint venture television and film co-production unit in China, taking advantage of a loosening of restrictions on the tightly controlled industry. The joint venture with Hua Long Film Digital Production Co. of the state-run China Film Group, which holds a majority stake, has full approval from Chinese regulators, Sony Pictures Television International said in a statement.
August 27, 2008 |
Hollywood has been mining Asian movies for ideas for years, but now an American studio is remaking one of its home productions as a Chinese-language movie with local partners. Warner China Film HG -- a joint venture between Warner Bros. and China's state-run China Film Group and Hengdian Group -- is releasing "Connected" on Sept. 25, remaking the 2004 New Line Cinema thriller "Cellular," starring Kim Basinger. "Connected" changes the setting to Hong Kong and switches the cast to Chinese-speaking actors.
August 13, 2013 |
Major Hollywood studios have resolved a tax dispute in China that has held up hundreds of millions of box-office dollars since 2012. The months-long dispute centered on a 2% value-added tax that state-owned distributor China Film Group insisted Hollywood studios pay out of their share of Chinese box-office revenues, cutting into their profits in the world's second-largest film market. But Tuesday evening the Motion Picture Assn. of America, which represents the major studios, said the matter had been resolved.
August 22, 2007 |
Jackie Chan's new action comedy "Rush Hour 3" may have performed well at the U.S. box office, but it apparently hasn't clicked with his fellow Hong Kongers. The movie has made only $512,000 in the five days since it opened Thursday in Hong Kong, distributor Celestial Pictures said Tuesday. By comparison, Chan's action comedy "Rob-B-Hood" made $807,000 in Hong Kong in its first three days last year, as did his 2005 action epic "The Myth."
April 20, 2013 |
Filmmakers doing business in China are often advised to avoid the three Ts, as in Taiwan, Tibet and Tiananmen Square. But that warning doesn't apply if you happen to be Jeffrey Katzenberg, the animation mogul who has been at the forefront of Hollywood's push into China. The chief executive of DreamWorks Animation was in Beijing on Friday to attend a news conference announcing a China film project called "Tibet Code," an adventure movie based on a popular Chinese book series set in ninth-century Tibet.